Posted on 04/27/2008 3:25:18 PM PDT by The_Republican
CORAL GABLES, Fla. - Republican presidential candidate John McCain on Sunday called Democratic rival Barack Obama insensitive to poor people and out of touch on economic issues.
The GOP nominee-in-waiting rapped his Democratic rival for opposing his idea to suspend the tax on fuel during the summer, a proposal that McCain believes will particularly help low-income people who usually have older cars that guzzle more gas.
"I noticed again today that Sen. Obama repeated his opposition to giving low-income Americans a tax break, a little bit of relief so they can travel a little further and a little longer, and maybe have a little bit of money left over to enjoy some other things in their lives," McCain said. "Obviously Sen. Obama does not understand that this would be a nice thing for Americans, and the special interests should not be dictating this policy."
The Arizona senator deflected questions about his record on the Bush administration's tax cuts he initially opposed them but now supports extending them by again criticizing Obama.
"Sen. Obama wants to raise the capital gains tax, which would have a direct effect on 100 million Americans," McCain said. "That means he has no understanding of the economy and that he is totally insensitive to the hopes and dreams and ambitions of 100 million Americans who will be affected by his almost doubling of the capital gains tax."
In an interview with "Fox News Sunday," Obama said McCain "not only wants to continue some of the Bush tax cuts for the wealthiest Americans and corporations, he actually wants to extend them, and he hasn't told us really how he's going to pay for them. It is irresponsible. And the irony is he said it was irresponsible."
Obama also said he would not raise the capital gains tax higher than it was under President Reagan and added, "I'm mindful that we've got to keep our capital gains tax to a point where we can actually get more revenue."
McCain was born with a silver spoon in his mouth and would not know poor if it walked up and slapped him.
He has picked another bad issue.
Who's line of garbage is this? Most of the "rich" folks I know drive big SUV's with foofoo seats for big, fat rich butts.
Capital Gains tax - there is opportunity there. Everything he said was great. He dismisses Obama’s economic policy as a joke and thus declaring him as a joke as well.
HE NEEDS to add two more sentences to this. One desrcibing how Cap Gains actually impact people making less than 75K per year. Second, during recession, any tax increase on Business, especially now that we have second highest tax rates in industrialized world, would be devastating to economy.
That would show his knowledge of the issue and its something common folks could understand.
Bravo for John.
It’s about time.
He has made some valid points.
He’s talking about old Olds 98’s with spinners.
Yeah, that’s a stupid line on more than one front. Not only it opens him up to explain the Carbon-Footprint of the rich, but shows him a bit weak on energy efficiency.
What he should say is that increasing cap gains taxes screws seniors who rely on that income after a life time of working hard and saving.
Well? He is.
Above: The Obama Mansion. Oh, and the garbage out front isn't really garbage. It's the daily delivery of the Nancy Pelosi Economic Newsletter...
Oh, now he’s done it, he’s called Obama insensitive,
Obama will have no choice but to respond, no liberal could let that go unchallenged.....
Another cheap shot from the McCain Deranged.
Low income do not pay taxes BTW, shouldn’t every American have to pay for their government? Who should get a free ride?
“McCain Deranged”
If you are calling me that, explain yourself.
I did.
DUH....
Better yet, you explain your “silver spoon” nonsense.
There fixed it:-)
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